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MACOM Technology Solutions will enter into Long-Term Supply Agreements with IQE plc for epitaxial services and invest £45 million in IQE through equity and a convertible loan note, with board representation.
“We believe this transaction will strengthen our supply chain resilience, while positioning IQE to improve its balance sheet and financial performance across its business.”barchart.com
Summarized from public sources; check the original articles before acting on it.